122 Wisconsin St West Bend, WI 53095
Estimated payment $16,570/month
Highlights
- Subterranean Parking
- Fair Park Elementary School Rated A-
- Forced Air Heating System
About This Home
Rare opportunity to own a newer 11-unit apartment building in West Bend. This property features 10- 2 bedroom, 2 bathroom units and one commercial unit that is already approved to be converted into two more 2 bedroom, 1 bathroom units for future expansion. Strong occupancy and rental history provide reliable cash flow, while modern construction means lower maintenance and operating costs. Units feature quality finishes, in a desirable location near downtown amenities. A turnkey, low-headache addition to any portfolio, this property combines immediate income with long-term appreciation potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $41,509
Year Built
- Built in 2018
Parking
- Subterranean Parking
Home Design
- Poured Concrete
Schools
- Waterloo Elementary School
- Whitewater Middle School
- Whitewater High School
Additional Features
- 0.37 Acre Lot
- Forced Air Heating System
Community Details
- 11 Units
- Net Operating Income $145,260
Listing and Financial Details
- Assessor Parcel Number 11191320042
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $41,509 | $3,049,000 | $240,000 | $2,809,000 |
| 2023 | $37,053 | $1,870,200 | $48,900 | $1,821,300 |
| 2022 | $34,494 | $1,870,200 | $48,900 | $1,821,300 |
| 2021 | $35,653 | $1,870,200 | $48,900 | $1,821,300 |
| 2020 | $34,510 | $1,870,200 | $48,900 | $1,821,300 |
| 2019 | $27,838 | $1,551,000 | $48,900 | $1,502,100 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $2,500,000 | -- | $1,042 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,745,000 | Construction |
Source: South Central Wisconsin Multiple Listing Service
MLS Number: 2008475
APN: 1119-132-0042
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